DyDo Group faces loss despite strong international beverage sales

DyDo Group Holdingsinc (TSE:2590) reported a net sales decrease of 0.4% to JPY52.96B for the first quarter of fiscal year 2025, with operating losses widening to JPY1.44B. This decline stems from reduced domestic beverage sales, compounded by costs associated with implementing smart operations at former Asahi Soft Drinks subsidiaries, despite strong results in its international beverage business, particularly in Turkey. The group’s loss attributable to owners of parent was JPY2.84B, with basic earnings per share at -JPY90.04.